Arudha Hybrid Long-Short Fund vs RedHex Hybrid Long-Short Fund
Arudha Hybrid Long-Short Fund from Bandhan Mutual Fund and RedHex Hybrid Long-Short Fund from HSBC Mutual Fund, compared on NAV, returns, size, costs and portfolio — every figure from AMFI's NAV feed or the AMC's own factsheet.
How the two funds differ
NAV data as of 13 Nov 2026
- RedHex Hybrid Long-Short Fund is the larger fund, with ₹1,781 Cr in disclosed assets against ₹158 Cr for Arudha Hybrid Long-Short Fund — about 11.3 times the size.
- Arudha Hybrid Long-Short Fund launched first, on 28 Jan 2026; RedHex Hybrid Long-Short Fund followed on 19 Jun 2026, about 5 months later. Since-inception returns therefore cover different periods and are not directly comparable.
- Over the past three months, RedHex Hybrid Long-Short Fund returned +1.32% and Arudha Hybrid Long-Short Fund returned +0.76% (Direct plan).
- Arudha Hybrid Long-Short Fund has the lower Direct-plan expense ratio, 0.25% against 0.39% for RedHex Hybrid Long-Short Fund.
- They use different benchmarks: Arudha Hybrid Long-Short Fund is measured against CRISIL Hybrid 85+15 Conservative Index, RedHex Hybrid Long-Short Fund against NIFTY 50 Hybrid Composite Debt 50:50 Index.
Side by side
Switch between Direct and Regular plans in the header, or pick two dates to compare returns over the same period. A dash means the AMC has not disclosed that figure yet.
| Arudha Hybrid Long-Short Fund Bandhan Mutual Fund | RedHex Hybrid Long-Short Fund HSBC Mutual Fund | |
|---|---|---|
| Category | Hybrid Long-Short | Hybrid Long-Short |
| Status | Active | Active |
| Direct NAV | 10.4770 | 10.3218 |
| 1M Return | +0.53% | +0.76% |
| 1Y Return | — | — |
| Since Inception | +4.41% | +3.00% |
| AUM | ₹158 Cr | ₹1,781 Cr |
| Minimum Investment | ₹10,00,000 | ₹10,00,000 |
| Expense Ratio | 0.25% | 0.39% |
| Exit Load | Nil | 2% if redeemed within 1 year from allotment; Nil thereafter |
| Benchmark | CRISIL Hybrid 85+15 Conservative Index | NIFTY 50 Hybrid Composite Debt 50:50 Index |
| Risk-o-meter | Band 1 of 5 (Lower Risk) | Band 2 of 5 (Low to Moderate Risk) |
| Launch Date | 28 Jan 2026 | 19 Jun 2026 |
| Fund Managers | Kapil Kankonkar, Nilesh Saha, Brijesh Shah, Debraj Lahiri | Shriram Ramanathan, Praveen Ayathan, Venugopal Manghat, Mayank Chaturvedi |
Open the full page for Arudha Hybrid Long-Short Fund or RedHex Hybrid Long-Short Fund for NAV history, holdings and the AMC factsheet, or add a third fund to this comparison.
Holdings in common
1 position appears in the disclosed top holdings of both funds. This compares only the top holdings each AMC publishes (Arudha Hybrid Long-Short Fund: 30 Sept 2026; RedHex Hybrid Long-Short Fund: 31 Oct 2026), not the complete portfolios, so the real overlap may be higher.
| Holding | Sector | Bandhan MF weight | HSBC MF weight |
|---|---|---|---|
| Others Equity Total (remaining long positions) | — | 24.53% | 10.52% |
Arudha Hybrid Long-Short Fund vs RedHex Hybrid Long-Short Fund: common questions
What is the difference between Arudha Hybrid Long-Short Fund and RedHex Hybrid Long-Short Fund?
Both are Hybrid Long-Short Specialized Investment Funds (SIFs), so they follow the same SEBI strategy category. Arudha Hybrid Long-Short Fund is run by Bandhan Mutual Fund and RedHex Hybrid Long-Short Fund by HSBC Mutual Fund; they differ in size, launch date, costs, portfolio and fund managers, all shown in the table on this page.
What is the latest NAV of Arudha Hybrid Long-Short Fund and RedHex Hybrid Long-Short Fund?
The latest Direct-plan NAV of Arudha Hybrid Long-Short Fund is ₹10.4770 (13 Nov 2026), and of RedHex Hybrid Long-Short Fund is ₹10.3218 (13 Nov 2026). A higher NAV does not mean a better fund — it mainly reflects how long the scheme has been running.
Which is bigger, Arudha Hybrid Long-Short Fund or RedHex Hybrid Long-Short Fund?
RedHex Hybrid Long-Short Fund is larger by disclosed assets under management, at ₹1,781 Cr, compared with ₹158 Cr for Arudha Hybrid Long-Short Fund. Figures are the latest each AMC has disclosed.
Which has the lower expense ratio, Arudha Hybrid Long-Short Fund or RedHex Hybrid Long-Short Fund?
Arudha Hybrid Long-Short Fund has a Direct-plan expense ratio of 0.25% and RedHex Hybrid Long-Short Fund of 0.39%, as stated in each AMC's factsheet. Regular plans cost more than Direct plans.
What is the minimum investment in Arudha Hybrid Long-Short Fund and RedHex Hybrid Long-Short Fund?
Both require a minimum investment of ₹10,00,000. SEBI sets a ₹10 lakh minimum across all SIF strategies of an AMC for non-accredited investors.
Which is better, Arudha Hybrid Long-Short Fund or RedHex Hybrid Long-Short Fund?
SIF India does not rank one above the other or give investment advice. Which suits you depends on your goals, time horizon and risk tolerance. Both are new schemes with a short track record, and past performance does not indicate future returns. Read each scheme's offer document and consider speaking to a SEBI-registered adviser before investing.
More comparisons
Arudha Hybrid Long-Short Fund vs
RedHex Hybrid Long-Short Fund vs
See every scheme in this category on the Hybrid Long-Short SIF Funds page. New to SIFs? Start with what a Specialised Investment Fund is, or read Best Hybrid Long-Short SIF Funds in India, Best SIF Funds in India: How to Actually Compare Them and SIF vs. Mutual Fund vs. PMS vs. AIF.
This comparison is factual information, not investment advice or a recommendation of either scheme. Past performance does not indicate future returns.